Safety transferable financial certificate



W. E. GENTRY ET AL SAFETY TRANSFERABLE FINANCIAL CERTIFICATE Filed June4. 1925 .n.525 rho@ :$5.0 o 51015:. 9545 IW. MN. MN

m w m W m MM ym WW e GF Ef f Wd QN lv. .NWEN

To all whom 1f mayconcern:

Patented June 16,` 19.25.

UNITED vs'ia'rss A1,542,692 PATENT OFFICE.

WALTER E. GENTRY AND CARL E. FORTUNE, or AniLENE, TEXAS.

SAFETY TRANSFERABLE FINANCIAL CERTIFICATE. 'l

Application 'filed June 4,

Be it known that we, WALTER E.Y GENTRY, and CARL F. FORTUNE, citizens oftheUnited States, residing at Abilene,in the county of Taylor and StateofTeXas, have invented certain new and useful Improvements in` SafetyTransferable Financial Certificates, of which the following is aspecification.

This invention relates to a safety'iransferable financial certificate,to be used as a stock certificate, a financial 'bond certificate, orother negotiable or transferable financial documents of value, and theIinvention has forits obj ect to provide in manner as hercinafter setforth, a financial certificate havlneans i for safeguarding. thevownership thereof so as to prevent the surreptitious disposal of thecertificate if` it stolenor is obtained by fraud. p

A further object of the invention is to provide in a mannerashereinafterset forth, a safety financial certificate having means to prevent thepossession thereof by anyone unless such possession is obtained'legally,so that during the transfer of the stock certiiicate, bonds or otherlfinancial papers by mail or express, ifthey are stolen, itv would beimpossible to dispose of the same from a financial standpoint, undersuch conditions preventing an unauthorized person from realizinganything of value thereon.

Further objcts of the invention are to provide, in a manner ashereinafter set forth, .a safety financial certificate which is simplein its construction and varrangement,- compact, thoroughly efficient inits use, and comparativelyinexpensive to manufacture.

With the4 foregoing and other objects in view, the invention consists intheV novel construction, combination and arragenient of parts as`hereinafter more specifically described and illustrated in theaccompanying` drawings', wherein is shown an embodiment of theinvention, but it is to be understood that changes, variations andmodifications can be resorted to which fall within the scope of theclaims hereunto appended.

vIn the drawings wherein like reference characters denote correspondingK parts throughout the several views`z Figurel isa front elevation of asafety financial certificate in accordance with this invention. n .f

Fig. 2 is a rear elevation thereof.

192s. sei-iai No. 643,334.

A safety financial certificate in accordance with this inventioncomprises a rectangular bodyy portion, referred to generally by thereference character 10, and which is formed from; Vpaper of the desiredweight and quality. The front of the ybody portion 1i), 1s 1ndicated at11 and the back at 12 and said body portion 10 is provided centrallvwith a score i3 which extends from its upperto its lower edge to permitof the body portion 10 being severed to form a primary transmittingsection 14 and a supplemental transmitting section 15.

The front of the body portion 1l,- centrally thereof and in proximity toits top, is. provided with conventional means, as indicated 16, todesignate thil naine `of the company issuing the certicate and the saidconventional means 16, is arranged partly on the section 14 and partlyon the section l5 and when the section 14- is severed from the'section15, a portion of the conventional designating means 16 will be arrangedon the section 14 and a portion thereof will 'ce arranged on the section15, kso that when the sections 14 and 15 are matched, the naine of thecompany issuing be set up.

The section 14 is designated differentlv from the'section 15, and by wayof example .section 14 is designated as sheet No. 1 and section assheetNo. 2. The designation for section 14 1s indicated at 1T and thedesignation for section 15 is indicated at 18,

and the said designations 17 and 18, preferably, appear on the front ofthe body' portion 1l, below the conventional designation 1G and" inproximity thereto. l

The certificates, when issued are serially numbered, and the serialnumber, which is indicated at 1S), is arrangd on the section 14 and theserial number,y as. indicated at :20,y is arranged on the section 15.The section 14, as well as the section 15,

is provided with a conventional inscription, as at 21, constituting agua-rd for the certificateV and such inscription ).vhich appears onsection 14, issuch as to indicate that said section 14, which ,is sheetNo.. l of the certiiicate, is void without section 15, which is sheetNo. 2, and the inscription upon section 15 is such, that the certificateis void without section 14 which is sheet No. 'l of they certificate.The guarding inscriptions 21, on the sections 14 and 15, are arranged onthe outer the certificate will face 11 of the body portion 10 inproximity to the designations 17 and 1H for the sections 121 and-15. Y

The section 14, as Well as the section 15, has the outer face thereofprovided, above the guarding inscription, v'vith conventional means asat 22, to `indicate the. number of the bond, With conventional means asat 23, to indicate the number of shares',A and .vith conventional meansas at 21, to indicate valueper shareif r1`he` inscriptions 22, 23 and 2eon the section 14;, is the saine as 'the inscri'ptions'QQ, 423 and 21 onthe section 15.' v v'llhesection' 111,` asl Well as the section 15,below the guarding inscriptions, is provided with a conventional means,as at 25, to indi-v cate the pointvfortlie signature of the presie dentof the company issuingthe certificate, andreach of said sections 14, 15,belen7V the conventional indication-| 25, is provided-Withcoin-*entional means asatQG to'indicate the point `'forthe signature :of`the Ysecrntary or treasurer-'of the company issuing the `certifi- Ycate.

lll)

Cil

elow the conventional indications 26,the outer face of the section1f,fas Well as the section 15, is providedwith conventional means as atQ?, 28, and 29, Which correspond to the conventional indications Q2, 23and 24 respectively. vBeloWthe inscription 29, the sectionle, as Well asthe section 15, is provided with a' guarding inscription 30,corresponding to the'inscription"21, and is also provided with aninscription 31, which corresponds to the serial number' indication 19 or20, which appears yon the section 1st or 15.' The inscription 30 onthesection 111 corresponds to the inscription 211011 said section letand the inscriptionBO on the section'15 corresponds to theinscriptionQlon said sect-ion 15. Y

The sectionlll, as Well as the section 15, has the lower portionthereof, provided Jwith a series of" detachable interest Y 'bearingcoupons, and'whichlare'indicated at 32, and the coupons of keachsection', are consecutively numbered, asiV at 3S. vThe numbersof thecoupons on the section 14 correspond to the numbers of the coupons onthe'section 15. The coupons on the 'section' 14 are provided With aconventional indication -asat 33,f`to ii'idicatethatthecoupons` ybelong`to sheet No, 1 or-'section Mfand the section 15, is provided Withconventional indications, as atSLl-fto designate that the coupons 'ofthe sect-ion 15, belong thereto or tosheet No. 2, which is section 15.lEach of the'coupons is provided'with a serial number; as at35, whichcorresponds to the serial number of the certificate.Y 'w if i rEhecoupons 32 are provided by the score 13, and a series of'transverselyextending scores'BG. 'I'

`The rear face 12 of the body portion 10, is provided with transverselyextending` lines 36, and a suitable inscription, as indicated at 37, forindicating that the lines 3G areto receive data` in connection with thetransfer of the certificate, and such data is to extend over the backofeach section 14; and 15, so that itwill require'the matchingl of thetwo sections to understandfully to Whom the certificate has beentransferred to or transferred from.

`When a corporation, company or municipality issues bonds, stocks, etc.,for any purpose, and they are sold to be paid for upon delivery." Thebond or bonds or stock certicate, is or -are detached to 'provide theseparate sections lll'and 15, as designated sheet 'number 1 and'sheetnumber 2. Sheet number 1 is mailed or expressed, accompanied by a sightdraft calling for the amount of funds to ybe collectedfor payment ofbo-nd Yor stock certificate, to any bank or depository designated tocollect the amount j of the draft.A Then the bank or depository receivessheet 1 accompanied by the draft, the bank or depository notifies theshipper or sender that the iirst part of the'shipment has been received,and on such notilication then sheet 2 is mailed or shipped to the bankor depository. It ,either shipment is lost, the bonds can be duplicatedupon surrender of either portion, which Will be promptly destroyed andwhich would then render the half lost void if ever found. If kthey7vwere boughtV for interest bearing qualities alone byl someone who wouldnot ship tl1e`m,`s'heet 1 placed in bank and sheet 2in some other place,so bo-th sheets would not be 'in same place lat the same time,'this alsowould act as a safeguard.

The certificatey is so setup, that to be of value, the sections thereofmust be matched, and thatl unless a person had both sections of thecertificate, itivould be :of no value to him whatsoever, and under suchconditions one could not realize upon one of theL sections of thecertificate.v 1n vieni ofthe foregoing, it is obvious, that a safetytransferable 'linancial certificate is set up having means to preventthe possession thereof by anyone unless possession is obtained legally,so that during transportation of the stock certificates', bonds or otherfinancial paper by mailor' express, if they are stolen, it would beimpossible to dispose of the same from a financial'standpoint', becauseVWhat would be stolen, would only be a half cer-V tificate, and theother half would have to be matched to the stolen half, before one couldhave a certiiicate'of value to realize on, and although the preferredembodiment ofthe invention is as described and illustrated, yet it "isto be understood that changes in the details of construct-ion can be hadwhich' will fall Within the light 'of the invention as claimed. f""

lVhat we claim ist l. Ay safety. transferable financial certificatecomprising a rectangular body portion formed of a pair of complementalseverable transmitting' sections correspondingly numbered and eachhaving one face provided with means to constitute a designationthereforand with the designation of one section different from that of the othersection, each of said sections further having said face provided withmeans to constitute a complete valid certificate when the separatedVsections are in matched relation and an incomplete invalid certificatewhen the sections are out of suchrelation, the said last mentionedymeans of one section including a designation corresponding to the saiddesignation for the other section, and said body portion having itsbaci; provided with indicia having a part thereof extending transverselyof one section and the remaining part extending transversely of theother section to indicate for recording below said indicia andtransversely ofv both sections data relating to the transfer of thecomplete sections are in matched relation and an inv complete invalidcertificate when the sections are out of such relation, the said last Ymentioned means of one section including a designation corresponding tothe said designation for the other section, said body portion having itsback provided with indicia having a part thereof extending transverselyof one section and the remaining part extending transversely of theother section to indicate forrecording below said indiciay andtransversely of both sections' data relating to the transfer of thecomplete valid certificate, and said body portion further provided kwithmeans to constitute a plurality of consecutively numbered severablecoupons at one end of each of said sections, the coupons on one sectionhaving means thereon to designate to which section they belong.

3. A safety transferable financialy certificate comprising-a rectangularbody portion formed of a pair of complementalseverable transmittingsections n correspondingly numbered yand each having one face providedwith means to constitute a designation therefor and with the designationof one section different from that of the other section, each lof saidsectionsvfurther having Ysaid face provided with Vmeansto constituteiacomplete valid certificate when the separated sections are in matchedrelation and an incompleteinvalid certificate when the sections are outof said relation, the said last mentioned means of one section includinga designation corresponding to the said designation for the othersection, said body portion having its back provided with indicia havinga. part thereof extending transversely of one section and t-he remainingpart extending transverselyof the other section to indicate forrecording below said indicia andv transversely of bothisections datarelating to the transfer of the complete valid certificate, said bodyportion further provided with means extending from one section and ontothe other tol indicate the source of issuance of the certificate, andsaid sections further having corresponding means to designatethecharacter of and the value lof the complete valid certificate. V

4;. A safety transferable financial certificate comprising a rectangularbody portion formedof apair of complemental severable transmittingsections correspondingly numbered and eachk having one face providedwith means to constitute a designation therefor and with thedesignation'of one section different from that of the other section,each ofV said sections further having said face provided with means toconstitute a complete valid certificate when the separated sections arein matched relation and an incomplete'invalid certicate when thesections are out of said relation, the said last mentioned means of onesection including a designation corresponding to the said designationfor the other section, said body portion having its back provided withindiciak having a part thereof extending transversely of one section andthe remaining part extending transversely of the other sectionto'indicate for recording below said indicia and transversely of bothsections data relating' to the transfer of the complete validcertificate, said body portion further provided with means extendingfrom one section and onto the other to indicate the source of issuanceof the certificate, said sections further having corresponding means todesignate the character of-and the value of the complete validcertificate, and said body portion further provided with means toconstitute a plurality of consecutively numberedseverable coupons at oneend of each of said sections, the coupons on one section having Ameansthereon to designate to which section theybelong.

In testimony whereof, we affix our signatures hereto.

'CARL F. FORTUNE.

wiiLTnnn. GENT-RY.

